Monday, December 31, 2007

My sincere pity goes out to anyone with a mortgage, a stock portfolio heavy in junk bonds, or trying to sell their home in the coming year. Anyone not prone to somnambulism knows deep down in their gut that the vultures are coming home to roost, & those buggers look mighty hungry.

Mystified by people buying into gold as an alternative to paper money ... even if they have the real thing & not scrip. I think they're in for a very rude awakening when others ask them what it's actually good for. A decade hence, folks may well be astonished that such a weak metal was EVER thought to have any real value. At the risk of sounding alarmist, if I had it to throw around ... I'd invest in bandages, preserved foodstuffs & light arms.

2008: Year Of The Supreme Payback.If you don't have one yet - get yourself a helmet.